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in the basin and technical aspects of energy in the boat and who wrote the whole manuscript to check on the scientific details of it. well, this is an appropriate day for talking about regulation to disaster because less that president obama promised once more to develop the energy sources of the future. republican or democrat decides to develop energy projects, taxpayers had better watch out. governments get in the business of picking winners and losers, which leads to cronyism and wasted taxpayer dollars. this is the question of industrial policy. whether government should support business ventures and new technology that are unable to secure private hunting, government appears to be worse than private market in the records that we have over the past five years. in california in may, mitt romney said, quote, the president doesn't understand when you invest like that in one solar energy company makes it harder for solar technology generally because the scores from the ranch partners in the field suddenly lost their opportunity to get capital. who wants to put money into a solar comp
be one of them. there are some estimates that we can be energy self-sufficient in the next 30, 40 years, so maybe that helps. this is a very complex issue. it has to be resolved. there has to be a happy medium there. whether or not it is because these ceos are boring abroad for certain things or not, that is up for debate. i'm certainly not one who will take a position on that because i don't know enough about it to make that call. there are a lot of very smart people out there, who we should respect, they are very good at what they do and they are still debating about what the proper solutions to this is. all right now, this is why we're seeing such a huge amount of debate going on in d.c. and in board rooms across the country. washington, d.c. host: there have been reports that secretary geithner will play a role in these talks. guest: the economic team is in place right now. this is obviously a very critical role for the administration and for the american people as a whole. with tim geithner, a lot of people have said he is one of the reasons why things are as shaky as they are righ
] e-mail welcome to this evening in the broadcast of morning joe. the energy in this room is a real testament of two things. one is how this issue of education reform has been a combination of talent that we see in this room and how it has coalesced around this issue of new technologies. that there really is a sense that the moment has arrived and the other is jeb bush. [applause] >> i'm a great believer that two things matter. one is ideas and the other is people. that is the real driver of change. it is the driver of history. this includes the coming together of a person with real talent and drive. this is one of them. so again, the fact that you are all here is the greatest. condoleezza rice and i come out of the national security background. when we were youngsters, we used to mess around with iran bomb calculator. and he used to calculate what was known as the circular error probable of the blast effects of nuclear weapons. here we are today, we have traveled a considerable difference. we have traveled a considerable distance. they didn't say al qaeda or iran or north korea, wh
. joining me with that side of the story is amy harder who is the energy and environmental reporter for the "national journal." she's coming to us from washington. and also in washington, david sheppardson, the d.c. bureau chief of the detroit news. welcome to you both inside "the war room." >> thanks, governor. >> thanks for having me. >> jennifer: amy let me start with you. the actual number of electric plug-in cars sold here as a percentage of the overall sales is very small. but talk about whether it is considered at least rapidly growing. >> i think it is all relative and it is growing. and it is growing substantially from where it was in say 2011 to where it is poised to be in 2012 after the next month when we see the final sales in december. it went from 2.23% in 2011, total car sales to right now it is at 3.3%. so it is going up. still a very small piece of the pie. i think that's what you need to remember that you need to keep this in perspective. one interesting dynamic is that a lot of the competition
, there's an energy boom under way in the united states right now. fueled by hydraulic fracturing and by more drilling for oil. natural gas is currently cheap, abundant and increasingly used not just as a fuel source direct to home and businesses, but as a source for electricity generation. as for oil, you don't need me to explain the value of producing it. it's not about cars and homes, more domestically produced energy will help fuel a resurgence in u.s. manufactured goods, combined cheap and abundant electricity with costs in china and other countries and shipping costs and you make made in america more attractive to americans and to buyers abroad and that's good for u.s. jobs. finally, housing is already making a comeback. it started to turn around in 2012 with existing home sales rising for the first time in years. construction is starting to pick up. historically low interest rates averaging below 4% for a 30-year fixed mortgage will fuel a rebound next year. a house will be the most important asset for most americans. a rebound there makes americans feel better about their
explain. first, there is an energy boom under way in the united states right now. fueled by the joint forces of hydraulic fracturing or fracking of natural gas out of shale and buy mo by more drilling for oil. natural gas is increasingly cheap and abundant and not only used for gas in homes and businesses but for the manufacturing generation. it's not just about cars and homes, more domestically pro du duced energy will provide fuel in manufacturing goods. combine them with rising costs in china and other countries and already high shipping costs, and you make made in america products more attractive to people abroad, and that's good. home sales rising for the first time in years. construction is start to go pick up. and historically low interest rates now averaging below 30% for a 30-year fixed mortgage will only fuel a rebound next year. and remember, a house will still be the most important asset for most americans, so a rebound there helps americans feel better about their financial situation and ready to spend a bit of money. stephen moore is a senior economics writer at the wall
, immigration and drugs. up next, we will turn our attention to the future of energy policy with jack gerard. and then we will become an station program, set to expire in january 2, christine owens will join us to talk about that. first, let me show you the front page of the "washington times." with the two leaders of each party in the senate. mitch mcconnell and harry reid. yesterday, at the two had a little dispute on the floor. they threatened filibuster change and he can to the floor to talk about that. the washington times says they had a rare head-to-head debate on the senate floor. take a look. [video clip] >> we believe that there should be one aspect of it changed and that most of the procedure be a -- simple as that. the american people agree. >> only ones who disagree think this is working well as the republican leader and the republicans in congress. >> up the majority leader will stay on the floor. you did not address that issue. >> but of course -- that statement is untrue and i do not accept that. >> that is the point. what the majority leader is saying is that he will break t
to hire the energy commission. california became the leader in energy efficiency. we put in tax credits and policies of the public utilities commission to favor alternative energy, independent power production. which is obvious today. when they promoted code- generation it was something very novel. 30 years ago. now you have a different name for a period in his third party power production using power in a driving way to recapture the most efficient way. innovation is important. i have to also, every time we heard the word innovation, i have to put a plug in for tradition. i have a very traditional education. i spent a lot of years in silence speaking latin up in the hills, living within the medieval framework. i do respect the past. we study it. if you are grounded in tradition, you feel quite confident in change and innovation. if you are insecure, you are very reluctant to embrace the unknown. i do think we need to in our education and politics, we have to have a new appreciation for our traditions and the patterns that describe our culture and our being as americans. having said all
upbeat report. melissa: i'm melissa francis. the politics of oil, america's energy independence a pivotal issue, and i sat down with one the industry's giants of kinder morganalking about natural gas and fracking and what he says on over regulati and the dollar a year salary. now thathe election is over, will the keystone pipeline timely win approval? transcanada recently submitted a new plan to the government, and i spoke with the ceo of transcanada all about tt plan as well as his expectations of the billions spent so far will be worth it, and that the pipeline will prevail. plus, wall street got the blues. u.s. debt mounts and tax hikes andrew the corner. guess what? there's plenty of ways to make money, even in an obama econy. we have all the information you need to rake it in, even when they say it's not, it's always about money. ♪ >> starting off, oil and energy, hosting money from houston, i sat down for an exclusive one-and-one with the ceo and co-founder of ki in, -- kinder morgan. we focus on the future of the energy business and natural gas. this is what he said. >>
points. now down 63. energy names like exxonmobile and chevron weighing on blue chips has oil pares back. hmo's like united health also a drag on the dow as you see. nine names that are just green, that's it. markets had been torn between solid manufacturing we got here in the u.s. this morning, october durable goods orders, big gigantic items that are supposed to last more than three to five years, washing machines, that number came in ahead of expectations in october rising to five month high. if you include things like cars and trucks and then take out airplanes, out of the equation, that's what happened. we did get some relief for greece. finance ministers say yes to the next installment of loans essentially kicking the can down the road one more time, but for the moment the markets like it. a washington, a fly in the ointment, deal negotiations have stalled. senate majority leader reid says little progress is being made so the fiscal cliff remains a distinct possibility come january 1st, keeping some buyers on the side lines as well. that's what you see here. coming up, governors ca
as to whether there would be a challenge for that. we observed that the rise and shine has more energy needs for more energy than they can produce themselves, and to maintain the economic growth which they believe is essential. we observed that the south china sea is a potential source of energy supplies for china and that there is a contention among the nations in that region as to where the ownership and rights of access are to the south china sea. and this is conceivable that china might seek to reestablish its claim there by military coercion and that could lead them into a confrontation with the united states' desire to maintain free access. the best way of avoiding that military conflict is what we should see because the military conflict with china would be catastrophic for both nations, indeed for the whole region. so, we want to avoid that. i believe the best way of avoiding that is by maintaining a -- continuing to maintain a strong naval presence in the region, and by having an unambiguous commitment to doing that. i believe that our new national security strategy is that unambigu
about the energy boom. "washington journal" next. host: good morning, it's wednesday, november 21. president obama returns to the white house this afternoon following his tour of asia. secretary clinton is on the ground in the mideast, meeting with israeli, egyptian, and palestinian officials in an effort to bring an end to the ongoing violence in the gaza strip. yesterday's fed chairman ben bernanke issued warnings to u.s. leaders negotiating over the so- called fiscal cliff about the serious financial impact looming on the horizon. that's where we begin this morning. how confident are you about the state of the u.s. economy? what steps are you taking to prepare for the potential impact if the u.s. goes off the fiscal cliff? give us a call this morning. you can also catch up with us on all your favorite social media sites, twitter or facebook. or e-mail us. thismorning to you on wednesday, november 21. we are talking about federal reserve chairman ben bernanke's comments yesterday about the fiscal cliff, and getting your thoughts on bthe u.s. economy. and this headline -- also, i
government has come up with an outline of a new green energy plan. it's trying to put an end to nuclear power generation by the 2030s. cabinet ministers involved in shaping the country's energy policy got together on tuesday. they set a target to allow commercial use of wind-generated power sometime after 2015. they also decided to try by 2030 to set up a system that will automatically control and save energy use in all households in the country. the government has been trying to draft a green energy plan since september, hoping to put it together by the end of the year. but it's uncertain whether this target will be met. that's because the lower house has been dissolved and a general election is scheduled for next month. >>> eurozone finance chiefs have finally reached an agreement on a greek bailout. they have also decided to offer 43.7 billion euros or about $57 billion in loans. the decision came after 12 hours of talks in their third round of meetings this month in brussels. >> i'm pleased to announce that today we reached a political agreement on the next disbursement to greece. let me
to climate policy, energy efficiency gets you in the same direction. and as the senator said, that is something on which congress has demonstrated as recently as the last five or six years that it can come together, and i think it could do it again and in a more aggressive way to get advantage of the opportunities which we now know that we have. some states have already experienced it and by the way some of the regulars of electricity like california and new york have figured out how to make it attractive to energy providers, electricity providers to provide more efficiency to the ed vintage of the consumer by to reducing rates so there are many things we would be able to agree on and advance the cause of the carbonizing the economy. >> the diversity of fuel sources as well as efficiency travel parallel to the interest of the environmental policy in my judgment. >> we did, the congress did agree on the standards and the administration has continued to work in the industry to move those numbers up even more so there is a classic example of how we did something. >> i wondered i
. oel kline, get rid of the department of energy. one government, 100,000 kids in arizona will now have $5,000 voucher, public school or private school or home school. if they don't spend it -- you don't need more money. given the post office, your letters arrive sooner or would allow fedex or ups to deliver mail to make the post office mail different. >> we are really getting that. one more question. when you leave here very shortly, you go to a wednesday meeting, a liberal meeting of the right wing -- this is a weekly meeting you have had -- >> some of the people are from there. >> this is a weekly meeting of what you call a center-right coalition. you have several meetings, 60 of them around the country. this is a place where congress, people from think takes toward generally agree get together, 150 people, sometimes 20 of them will speak. what you going to tell them? what is your message? >> the reason people come to my meeting is i don't tell me things. if i talk, everybody gets -- 33 people attempt and we will overtime be candid. field kinks and activist groups, running the republ
a little bit of energy into this thing and it becomes explosive. it is all energy driven. but the issue really is not that is what the emerging world with its -- whether it is time a court india up with different perspectives. i've seen china and india in 2004, maybe 2003, the trade was maybe $2 billion between the countries. today, i think this is where the chinese prime minister comes to india and we're talking $150 billion on the next verizon. this is without drawing claims. i think what asia is looking for is that we can have correlations within each other. without necessarily being aided to. it is a dangerous game, but all games are dangerous. kissinger credit a lifetime career out of it. [laughter] this is the way it is. military power is a dominant element of strategy will not work. as a background element of strategy, yes, it's essential, important, including for the first time two years ago, the pentagon had a conference i was there in which we discussed india and american cooperation in the pacific. never happened before. it does not mean [indiscernible] we are taking position
at rice university. >> on tomorrow morning's "washington journal", gas prices and alternative energy efforts. long-term unemployment benefits and why they may end in january without congressional action is discussed. after that, dominic chu describes what wall street investors are doing with their money in excess of the fiscal cliff. close plus your e-mails and phone calls and tweets. "washington journal" is live at 7:00 a.m. eastern on c-span. >> you are watching c-span2 with politics and public affairs. weekdays featuring live coverage of the u.s. senate. on weeknights, watch key public policy events, and every weekend, the latest nonfiction authors and books on booktv. you can see past programs and get our schedules on the website and join in the the conversation on social media sites. >> representatives met in nova scotia earlier this month before the house. this is one hour and 15 minutes. >> welcome back, everybody. i would like to hand over to the dominical steve clemons, who is moderating the session. >> thank you so much. it's great to be with all of you. we have a fantasti
energy. clearly, that is the future. that is the vision we have of an america that has powered itself by clean energy. we need to invest in clean energy to create jobs and make america competitive in the most important, new economic sector. china is doing that. europe is doing that. america must do that. it is doing it as a result of a bill we passed, the american recovery and reinvestment act. we need to continue on that path. currency reforms. under democratic leadership, we pass a bipartisan bill that sought to level the playing field by holding accountable companies that manipulate to gain unfair advantages. we know china is doing that. we know others are doing that. we need to pass legislation that will again send it to the senate a bill which will level the playing field for our manufacturers and our competitors. i am pleased to yield now to my good friend from south carolina, the assistant leader of the house of representatives. >> thank you very much. despite coming up about 44 votes short of to 18, -- 218, to prevent our nation of being devastated, republicans in washington c
wal-mart or target, they want to spend a lot of time and energy putting forward what they're going to do. look at electronics, and there's nothing new other than items in the electronics market. and those that spend a lot of time advertising and extended hours earlier again, are the winners. tracy: is that why apple is putting stuff on sale? >> i can speak for management but if i was a retailer and i didn't participate in this unless you are in the luxury end of the market you may miss out. and their product being sold in other locations being taken advantage of. tracy: there is no hot anything this year rather than electronics. >> cellphones and other interesting items, and -- tracy: my kid asked for sneakers. >> and moccasins and boots and fragrances hot item this year and fashion accessories. it is the same things. and discounted to get some good deal. tracy: and the tv purchases. >> we approve this every year over and over. good deals are had during the black friday weekend by the black holiday season, best deals are after a holiday and sometimes after a super bowl. that is whe
with tech and materials and energy or industrials and energy leading the way. but again i'm not sure it has the conviction. that being said, you go back to the risk. what happens with greece, what happens with spain and what happens here in the u.s. with the fiscal cliff. there are still a lot of concerns out there despite positive news like the improvement in german business confidence and the signs we see strengthen china as well. >> mr. skeptic, what would make you bullish in this market right now? >> bill, it's fascinating. today we talk about employment trying to turn around and we see people walking out of their jobs at walmart on the biggest day of the year. i want to see a change in total attitude in this country, not just some housing numbers, not just a blip up in employment. we've got a structural problem with our mentality. that's what it would take me to get majorly bullish on the market. >> what specifically are you talking about here? i get the employment thing but what would make this -- what structural change you talking about? i don't get what you're saying here. >> well,
the energy was in the center. the passage was in the center. today it's shifted to the wings of the political parties who control their agendas. john mccain the original sponsor of the bill now denounces his own hanley work. -- handiwork. let's hope in the post election atmosphere this dynamic can change and mccain can proudly support his very own bill. let me close by noting i do think america is exceptional. it is the global melding pot, a place where the universal nation is being created. we may not do immigration better than anyone any more, but we do asimulation better than anyone. people from all over the world come to this country and almost magically become real americans but part of being a real american is urging the country to look at its flaws and change them. let's get started. >>> as president obama readies for a second term, i wondered who could best shed light on the challenges he faces and how to deal with them. the president is an avid student of american history so i thought it was fitting to ask two great pulitzer prize-winning historians to sit down with me. robert caro h
of over 300 million people, the american society of civil energies put the quality of you are infrastructure as a d, when we're ranked 24th in overall quality in the world when in 2001 we were number two, we're going to spend less than $53 billion. that's not only weak, it's pathetically weak. mr. garamendi: mr. higgins, thank you so very, very much for bringing this issue in stark terms to our attention. you caught me my attention earlier when we were talking about this, but here on the floor, this is a $1,200 billion program that could create 27 million jobs in the next five years? and those are economic analysis that's been done by the new america foundation? mr. higgins: it has. mr. garamendi: and how do we pay for this again? mr. higgins you spay for it as you pay for transportation improvements at the local, state and federal level. you issue debt to finance the life of the project. mr. gare men tee: the same way we build and own our homes, we borrow money to build that personal infrastructure, our home. mr. -- mr. higgins: that's right. mr. garamendi: the borrowing
senators trent lott and byron dorgan will lead a discussion on u.s. energy policy. at the national press club. the leaders are currently co-chairs of the bipartisan policy center's energy project. topics will include development and domestic gas and oil production, energy security threats and environmental challenges. that would be like at 10 a.m. eastern again on our companion network c-span. at 11:30 a.m. majority whip dick durbin will talk about the so-called fiscal cliff and deficit reduction at the center for american progress. fiscal cliff, a combination of those expiring tax provisions and budget cuts that could take place the beginning of the new you. they include the bush-era tax cuts and sequestration. live coverage starts at 1130 eastern also on c-span. we are likely to about the fiscal cliff during the senate session today getting underway at 10 a.m. eastern, just over a half hour from now. after the gavel and majority leader reid will be recognized to speak and will likely outlined the schedule for the day which could include debate on defense programs and policy, and possib
. it was anncredible opportunity. it was really fun room. cool to see the energy andnd passion in the room. it was 15 small business owners along with the president and i think he asked us to share our stories and how we got to where we are today. he kind of explained a little bit about his vision for the economy and where he thinks it is going. and thoughts about what is top of mind for us about the economy. melissa: so what did you say and did you feel like he listened to you and was going to take action based on that? >> yeah. absolutely. it was really, he had a lot of his top administration there. vice president biden was there as well. they were all really kind of into everything we're saying. very actionable. it was fun to see back and forth t wasn't just him listening to 15 different people. he was engaged and asked questions. melissa: what did you ask him to do specifically? what did you say would help your business? >> one thing that helped us a lot incentives for small businesses to hire. particularly for us we were able to use the jobs now program out in the bay area to get some of our fir
. ♪ and harness our technology for new energy solutions. [ female announcer ] around the globe, the people of boeing are working together, to build a better tomorrow. that's why we're here. ♪ i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a row. ♪ >>> coming up, president obama's outreach to the business community. he recently met with a group of ceos at the white house. what did they tell the president? we'll talk to within of them who was in the room, [ abdul-rashid ] i've been working since i was about 16. you know, one job or the other. the moment i could access the retirement plan, i just became firm about it -- you know, it's like it just hits you fast. you know, you start thinking about what's really important here. ♪ ther
cable satellite corp. 2012] >> we are just getting back. the energy level is probably going to get mellow. we will make that work for us. today's panel is on the question of for-profit and federal education policy. this is a topic that we at aei have been talking about for an extended stretch. in support of the templeton foundation, we have been running the private enterprise projects, trying to think about the opportunities and the challenge. how do make this work for kids in the community's? how do we think about some of the challenges the potential perils? this panel is a close of a series of panels and conversations. we have commissioned a number of pieces that will be coming up as a book this spring. we have the opportunity to work. phones, inose of the was cell turn them off. why this topic? the vast majority of what we do in america k-12 is done by public institutions. it is done by institutions run by states. and a lot of other work including most charter schools are run by nonprofit. then there is a substantial slot of activity that is for profit. they run schools or colle
this wholesale gas and oil revolution. we have a path to energy independence in america that is $200 billion deficit right now. it is the bridge to renewable energy, renewable energy will take a long time. if we can move to gas we get tremendous benefits in terms of cleaner energy on the way to renewable energy future. if we could get those things done, steve, this would be transformational for our economy but we have not been able to act on these things even though i said earlier there is wide bipartisan -- >> thank you. let me just try to poke holes in this. if we rollback time to just before the financial crisis you look at the u.s. deposition. douglas holtz-eakin was out there talking about that already. and john mccain and others have been but it is much worse today but if you look at the deck in a different way, look at private sector debt, the fact, forget government debt. before the financial crisis private-sector debt was 160% of gdp in the united states and despite averaging, back to 160% of gdp we are still in crisis mode, you had structural corruption between regulators and finan
on that and -- >> kimberly: energy efficient. >> dana: i have a complaint about the quality of energy efficient lights. >> kimberly: we'll see you tomorrow. >> bret: president obama says you can pay me now and pay me later. to get off the fiscal cliff. this is "special report." ♪ ♪ >> bret: good evening. i'm bret baier. is it a negotiating ploy or really what president obama beliefs can happen? the president may be going down a new path tonight in deficit reduction efforts. it's a path that is sure to lead to many obstacles from the other side. chief white house correspondent ed henry has the new developments in a time sensitive story. >> in a dramatic move today, president obama seemed to be trying to split the budget talks to two pieces. suggesting he and lawmakers come up with spending cuts next year after they avoid the fiscal cliff, by extending middle class tax cuts and raising taxes on the rich. >> it would give us more time than next year to work together. on a comprehensive plan to bring down the deficit, streamline our tax system. do in a balanced way. >> the president apparent shift awa
] to learn more about the cold truth energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. >> it has been almost a year since kim jong-un the third son of kim jong-il took power in north korea after his father's death. >> the other sons were perceived to be losers and this was the one who had the potential to be a leader. >> there are some who look at this as an opportunity perhaps he wouldn't be as ruthless. >> he made some statements that indicate he is a little hipper than his father was. he allowed his wife to be shown on tv. he appeared with life size character churs -- caricatures of mickey house. >> he amowed them women to dress in a
or precious gem. we've got alternatives to tra diggal burials up next. energy is being produced to power our lives. while energy development comes with some risk, north america's natural gas producers are committed to safely and responsibly providing generations of cleaner-burning energy for our country, drilling thousands of feet below fresh water sources within self-contained well systems. and, using state-of-the-art monitoring technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. that's right. so it's like i won. sure. oh my gosh i won!!! i won!!! [ male announcer ] get a $100 walmart gift card when you buy any android or windows 8 smartphone. through december 1st. from america's gift headquarters. walmart. i'm going to dream about that steak. i'm going to dream about that tiramisu. what a night, huh? but, um, can the test drive be over now? head back to the dealership? [ male announcer ] it's practically yours. but we still need your signature. volkswagen sign then drive is back. and it's never
's a game changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ yeah, i might have ears like a rabbit... but i want to eat meat! [ male announcer ] iams knows dogs love meat. ...but most dry foods add plant protein, like gluten iams never adds gluten. iams adds 50% more animal protein, [ dog 2 ] look at me! i'm a lean, mean flying machine [ dog 1 ] i am too! woo hoo! [ male announcer ] iams. with 50% more animal protein. [ dog 2 ] i'm an iams dog for life. not a rabbit. woof! >>> coming up, president obama's outreach to the business community. he recently met with a group of ceos at the white house. what did they tell the president? we'll talk to within of them who [ female announcer ] with swiffer dusters, a great clean doesn't have to take longer. i'm done. i'm gonna read one of these. i'm gonn
changer. ♪ it means cleaner, cheaper american-made energy. but we've got to be careful how we get it. design the wells to be safe. thousands of jobs. use the most advanced technology to protect our water. billions in the economy. at chevron, if we can't do it right, we won't do it at all. we've got to think long term. we've got to think long term. ♪ >>> coming up, president obama's outreach to the business community. he recently met with a group of ceos at the white house. what did they tell the president? we'll talk to within of them who was in the room, honeywell ceo david cody on the state of the economy. try running four. fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. and we got onesies. sometimes miracles get messy. so we use tide free. no perfumes or dyes for her delicate skin. brad. not it. not it. just kidding. that's our tide. what's yours? >>> w
-sector growth. if you tell the private sector to raise taxes taxes, health care costsgou tean costs, energy costs, laborco cost. people will not invest in america businesses want this president to succeed.ucceed i did not vote for him but. his success is tied to myto success and americann business. commo there ought to be sometse comment -- common ground.dozen o lou: as the big ceos show up to talk big butd small-business that creates most jobs but they have a major portion of the lobbying effort of the pressure applied in washington. what is your reaction. >> you have to look at how they are motivatedall differentlyb it could be the government actions alsothey a sometimes they are subsidized and may havebsidi government contracts smalln't businesses are not concerned they can make a much better case to the president forecy to what needs to be done whatke or would it take for busi businessmen and women to doe grow the jobs? he will get a consistent andng sir and will not talk to the same high-level executives but get into levels. lou: brass tacks. we talk about raising the top rate-- the to
and theirrar energy costs and their labor costs. people are not going to invest.j you are going to find the kindd of job creation and you're looking for. american businesses want this president to succeed. his success is tied to mythe success. conversely, his success is tied to that of american business.. there has to be common ground, but i have not seen it yet.ow lou: would he think about thegu ceos showing up to talk bigy wih the big guy with small business that creates most of the jobs in re this country, not represented.t these folks represent a fraction of our economy. and they haveey a major portionn the lobbying efforts.ut. >> they can be subject to attack, they are also sometimes subsidize, so they have to worrr about subsidies and government contracts, they are concerned about it. bus small businesses are not concerned with those things. small businesses can make a mucs better case to the president as what needs tois be done in this economy. what would it take for smallbuss businesses to create jobs and ec grow the economy? ask.st needs to he doesn't need to talk to the same h
the middle class with an energy tax and eventually, a value-added tax. he wants to have a conversation about a meaningless and small, but damaging dax on high income people and on savings and investment. what his real goal is in fact an energy tax on the middle class and we need to focus on and where are you getting the 8 billion dollars that you're talking about, trillion, trillion, trillion, i'm sorry, 8 trillion. stuart: we heard you. you know, grover, that c-span idea, that's a really, really good idea because the president did say he wanted that all those years ago. >> yeah. stuart: grover, i'm sorry i'm out of time, but i know you're going to be coming back between now and january the 1st and we welcome your return. thanks, grover. >> have a good time. take care. stuart: thanks, sir. in the middle east, a terror attack in tel aviv, a bomb on a bus exploded across from a military headquarters, at least 20 people wounded. this comes as secretary of state hillary clinton continues cease-fire talks between israel and gaza's militant hamas rulers. clinton held talks with palestinian preside
deal of energy or strategy to how to mobilize obama's army from 2008. it was quite a crowd r -- crowd, and it was muscular and ready, sort of where do we go? you look at the 2 # million people leaping and cheering in the mall in 8 degrees. they were looking for direction for the model. we see that everywhere. of course, what's interesting is you see that cropping up in the summer, in the middle of health care, the tea party rises from the loins so to speak from the republican party, ahijacked that debate. the administration lost control of it, wrestle it back after scott brown and after they lost their majority in january the following year, but then, of course, occupy wall street adds welcoming up -- as well coming up. obama keeps them at arms' length for the most part. i think the thinking, and i hear this from progressive activists over the last few days is a bit of a -- what's that line, lbj, you know, says to various leaders of his day, make me do it. you know, -- marlin -- martin luther king and others, make me do it. people are getting a system that obama and the signaling syst
not apply a great deal of energy or strategy to how to mobilize obama's army from 2008. it was quite a crowd and it was muscular and it was ready, sort of like where do we go. you look at those 2 million people. they're looking for direction for a more participatory model. we see that everywhere. it's interesting to see see that cropping up in the summer when in the middle of health care, the tea party rise out of loins to the public and party and it really hijacks the debate during the summer and the administration loses control. the vessel it back after scott brown unless their majority in january the following year. you can't occupy wall street is so coming up out of the white firmament of america and the fall of 2011. obama keeps them in arms length for the most part and i think thinking, and i hear this a lot from progressive that this over the last few weeks and certainly the last few days is with that line, lbj, you know, says taveras leaders of this day, make me do it. martin luther king and others. make they did the right thing. people are starting to get a sense that obama had this
in energies and metals. let's go to sharon at the nymex. >> brent crude is the benchmark in light of what we're seeing in the israel gaish gaza conflict. once again, the contract showing the most momentum in the oil market. up $1 here on the bus explosion in tel aviv. yesterday was all about potentially a creaease-fire in israel/g israel/gaza conflict. now we're focused on more violence and whether that will escalate and spread regionally and impact oil flows in the region. we're looking at what's happening in europe. and the fact there's been no agreement there on the greek bailout deal is something that could potentially put pressure on prices and it's a reason why we're still not at the highs we saw on monday in terms of the oil price. we're continuing to watch the supply picture as well. we'll get the information from the energy department at 10:30. the american petroleum industry report showed declines across the board. that was bullish for prices as well. in terms of natural gas that report comes out at noontime today, a day earlier because of the thanksgiving holiday. we are looking a
at the time... what's the rush? be happy. be healthy. new pink lemonade 5-hour energy? what's the rush? 5-hour energy supports the avon foundation for women breast cancer crusade. so i can get the energized feeling i need and support a great cause? i'm sold. pink lemonade 5-hour energy? yeah and a portion of every sale goes to the avon foundation for women breast cancer crusade. i'm sold. new pink lemonade 5-hour energy. get the alert, energized feeling you need and support breast cancer research and access to care. >> gretchen: 44 minutes after the top of the hour. a couple quick headlines. new study letting the air out of the bouncy houses. a new study finds 30 kids a day go to the emergency room with injuries from broken bones to cuts and concussions. experts say kids under six shouldn't use them, but we know those are the kids who love them. >>> and jenna bush haguear, she's returning to her roots for her next project. the former first daughter is joining southern living magazine as an editor at large. she'll bright a monthly column called "paper napkin interview" and contribute to a daily
. then a guest to discuss his "washington monthly" article about the energy bill. live on c-span every day at 7:30 a.m. eastern. >> there are many people who might even take issue with grant at saving the union during the civil war. didn't lincoln do that? he did. i am not going to say grant was the only person who saved the union. but he was the commanding general of the army that put lincoln's policies into effect. he was the general who accepted the surrender of the army of northern virginia under robert e. lee that ended the war. if anybody one of the war on the battlefield, if you could say that any one person did, and of course you cannot, but one of the things we do when history is we generalize, we simplify, because history and reality are simply too complicated to get our heads around if we deal with it in its full complexity. so gramm save the union during the civil war. i do contend that grant saved the union during reconstruction as well. >> from obscurity in illinois to a courthouse in appomattox and 1600 pennsylvania avenue, the light of ulysses s. grant, thursday night. part of b
clean air and clean water for them. i want jobs where they invent things like new energy sources. yes, i want them to be contributing citizens and pay taxes. i want a safety net for them in case they are disabled. and when they become elderly. and if they get cold in the cold winters of wisconsin. i want my grandchildren to get the american dream. i yield back. >> the gentleman from wisconsin. the gentleman reserve the balance of this time. the gentleman from maryland. >> thank you. i yield one minute to the gentle lady from california. >> thank you for yielding and also for your very bold and effective leadership, mr. van hollen. i rise in strong opposition to this unbalanced debt ceiling bill. this is an unbalanced approach. we know that. we have heard that. furthermore, this debt ceiling bill should have never been an option in terms of having to come to this floor to debate this. we should have, like democratic republican presidents have done in the past, we should have lifted the debt ceiling. rightfully so, many of us are concerned about these discretionary cuts. what are these cut
, of course, the controversy involving the energy drinks, shares ring off the highs, still up almost 12 1/2%. goldman sachs says that the fda response to letters sent by two senators on the safety of those energy drinks will likely be benign as far as regulatory concerns go. >>> facebook shares have been on a tear lately up more than 30% the past couple of weeks so has the social media giant finally convinced investors that it's worth a second look? >>> plus you can the chevy volt still struggling to make inroads with buyers but gm now doubling down with a big bet on electric. phil lebeau live at the l.a. auto show. phil? >> i'm sitting in the all-new chevy spark ev. at a time when electric car sales are struggling in the u.s. you is this the right time for gm to roll out an all-electric compact car? that story coming up on "power lunch." sfx- "sounds of african drum and flute" look who's back. again? it's embarrassing it's embarrassing! we can see you carl. we can totally see you. come on you're better than this...all that prowling around. yeah, you're the king of the jungle. have you th
program or tax credits for renewable energy. all that is important. we have to keep that going. that will get hard because we will face is demographics. that is my 74th birthday on april 7. i am aware of the and aging population which i have become and we are an aging population relative to what we were. luckily, we have millions of fresh arrivals that are younger and are energetic and they come from all over the world. we have to make sure our education system lifts them to their highest aspirations. when the society ages, it tends to -- it declines. that is the big demographic imperative. i was reviewing one of my favorite books on the roman republic. how did this village on the tiber grow to be the absolute leader of the known world in a few hundred years? it expanded its territory by plunder, by what ever. details. it was not pretty. [laughter] it added people, it kept getting bigger and incorporated the people and to roman citizenship. it became very consolidated, expanding group of energetic people. and they'll work. they were not just a bunch of talkers, they were doing.
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